Georgia Showcases its Stable Macroeconomic and Investment Landscape to Global Investors

The acting President of the National Bank of Georgia, Natia Turnava, recently participated in an investor conference organized by the Bank of America. This conference took place amidst the annual assemblies of the International Monetary Fund (IMF) and the World Bank in Marrakesh.

At this significant gathering, Turnava highlighted Georgia's robust investment potential and its steadfast macroeconomic climate to representatives from major international investment funds and U.S. investors.

Accompanying Turnava were key members from Georgia: Mirza Gelashvili, the Deputy Minister of Finance, and Giorgi Laliashvili, the Chief of the Financial Markets Department at the National Bank of Georgia.

The Georgian delegation offered a comprehensive presentation to elite conference attendees, including those from JP Morgan, Morgan Stanley, Fidelity Management and Research Company, Artisan Partner, Vanguard Asset Management, Abrdn Investment Limited, among other prestigious entities.

Key discussion points revolved around Georgia's unwavering macroeconomic stability, its managed inflation rates, prudent monetary policies, and the notable economic growth the nation has achieved in recent years despite external challenges. Additionally, investor-centric topics, such as the resilience of Georgia's banking sector and ongoing efforts towards de-dollarization, were brought into focus.

The Marrakesh-based annual gatherings of the IMF and the World Bank, which will conclude on October 14, see participation from the leadership of both institutions, as well as economic representatives from over 200 countries worldwide.